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SIEMENST LTD Share Tips- Stock on the verge of breakout above daily chart. (Updated On 07th July 2014, Monday).






  • SIEMENS LTD has formed double bottom formation in hourly chart, and stock now hovering above trend line, Close watch chart indicates SIEMENS can give some intraday action once it starts trading above 1003 with volumes and must stays above.
  • Daily chart indicates stock is trading above 20 days moving average that will favor bulls and now finding trend line resistance around 1003. If closes above with volumes and stays above then stock bullish for next 1-2 days.
  • Weekly chart indicates stock stuck around its fibonacci retracement and trend line resistance as shown above, if Siemens closes with strong bull candle in weekly chart then stock is good for short term.


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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips

.